Stock Market is a place where trading in securities issued by the government, public corporations and joint stock companies are done. t is a commonplace for both the buyers and sellers to deal in the financial instruments like shares, debentures, bonds, currency etc. In India, the two most popular stock exchanges are BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). Nifty of NSE and Sensex of BSE are the flagship index of the two most popular stock market in India. A stock market … [Read more...]
Difference Between Credit Card and Debit Card
The difference between debit card and credit card is same as debit differs from credit. Debit means 'deduct' and so when an individual makes use of debit card, he is deducting money from the bank account linked to the card. The individual is able to spend that much amount of money, which is present in his bank account and not more than that. A debit card is like a cheque, from which money is subtracted from his/her personal savings/current account. Conversely, credit refers to money received … [Read more...]
Difference Between ATM card and Debit card
An ATM card is a payment card, issued to the customers on request by the bank, that facilitates a customer to access automated teller machine and withdraw money any time. On the other hand, debit card is one that enables the cardholder to make electronic transfer of funds from the account associated with the card, while making a purchase. Nowadays, it is quite gruesome to carry a lot of money with us and also the fear of getting it robbed by the thieves, has forced people to keep a larger … [Read more...]
Difference Between Direct Tax and Indirect Tax
Tax is defined as a financial obligation, it is a fee levied by the government of the respective country on income, goods, and activity. The main reason for imposing taxes is that they are the main source of revenue to the government. Taxes are broadly classified as a direct tax and indirect tax, wherein the former is charged directly on the income or wealth of the person, while the latter is imposed on the price of goods and services. In the case of a direct tax, the taxpayer is the person … [Read more...]
Difference Between Leader and Manager
There is always a buzz when we talk about a leader and the manager. Leadership is a skill and the person who possess this ability is known as a LEADER. On the other hand, Management is a discipline, and the practitioner of this discipline is known as the MANAGER. Leader and manager have a great role to play in any organization, in the sense that a leader is the one who inspires, encourages and influence his men, to work willingly, in the attainment of the organization's objectives. On the … [Read more...]
Difference Between LED and CFL bulbs
The invention of incandescent light bulb by Thomas Alva Edison and his team, was one of the greatest invention in the history. After continuous research on the bulbs, scientist have discovered that LED and CFL bulbs are far better than the incandescent ones. When it comes to making choice in bulbs, LED bulbs are much more efficient than CFL bulbs in terms of power consumption and life years, but at the same time, their cost is high. One have to make a choice between these two as they are … [Read more...]
Difference Between CID and CBI
In India, there are two special forces that are set up by the government to solve various criminal cases. These forces are CID and CBI, wherein the former operates at state level, and has limited powers while the latter operates at national level and thus they solve cases which require severe investigation. Nowadays, in the newspapers and every news channel we came across headlines concerned with murders, corruptions, scandals, robbery, assaults, suicides, accidents, dowry, crime against … [Read more...]
Difference Between Agreement and Memorandum of Understanding (MoU)
At the time of entering into a legal transaction, there are two options available to the parties, i.e. agreement or memorandum of understanding. While an agreement refers to concordance between the legally competent parties, which is generally negotiated. Conversely, in Memorandum of Understanding (MoU) is a type of agreement between legally competent parties, which is non-binding in nature. An MoU contains the description of understanding between the two parties, including the requirements … [Read more...]
Difference Between Open University and Distance Education
In this fast-paced world, education plays a crucial role, as the market is very competitive. People from all walks of life can get their degrees and diplomas in various disciplines. A degree from the open university gives a great opportunity to the learners to make their career and work in a big organization. It helps the students to study, while they are on job, as it does not require students to study at a specific time. Distance Learning, on the other hand, is a mode of delivering … [Read more...]
Difference Between Repo Rate and MSF Rate
Repo Rate or repurchase auction rate is one at which the Reserve Bank of India, buys back Government Securities, from the commercial banks, based on the level of liquidity, the central bank wants to maintain in the country's economy. The central bank uses this as a tool to increase or decrease the supply of money in the economy. Marginal Standing Facility (MSF), is a window for banks, to take money on credit from the central bank, by pledging Government securities, in the case of emergency, … [Read more...]
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